@ZachWeinersmith@mastodon.social
2026-05-03 16:44 UTC
Replies (6)
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@buckfiftyseven@mastodon.social 2026-05-03 16:50
@ZachWeinersmith it's interesting, the advice on this. Some people recommend a plan where you choose a percentage up front, and then consistently extract that much, regardless of the market ups or downs. I think a safer route is to take out your percentage based on current market value each year, even if that means contracting your spending in bad years. If you can do it. I think 4% could be safe that way but ymmv. We all pays our money and takes our chances.
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@juergen_hubert@mementomori.social 2026-05-03 17:33
@ZachWeinersmith Words of wisdom indeed.
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@Gurre@mastodon.nu 2026-05-03 17:37
@ZachWeinersmith I would love that for me, and for everyone I know. And for the whole planet. hm. Not sure how that'd work. I guess UBI?
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@skaphle@social.tchncs.de 2026-05-03 22:40
@ZachWeinersmith It would certainly help to live in a stable pre-collapse world too
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@megatronicthronbanks@mastodon.social 2026-05-03 23:14
@ZachWeinersmith He's right.
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@fullfathomfive@aus.social 2026-05-04 03:34
@ZachWeinersmith A plan based on an infinite growth model may sustain inner peace but it will not sustain outer peace